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Talisker Intersects 0.8 g/t Gold Over 130.9 Metres of Intrusion-hosted Mineralization in the Pioneer Block, Bralorne Gold Project

Press Release

Toronto, Ontario, June 29, 2021 – Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX:TSK) (OTCQX:TSKFF) is pleased to announce drill assay results from its ongoing 100,000m drill program at the Bralorne Gold Project in British Columbia (Figure 1). Today’s release includes results from hole SB-2021-030, which returned a 130.9 metre interval of near-surface bulk tonnage gold mineralization within the Pioneer Block that returned an average grade of 0.8 g/t gold. This interval follows last week’s announcement of 106.75 metres grading 1.17 g/t gold, confirming the excellent grade continuity in hole SB-2021-026. The grade consistency is related to a high-density, fracture-controlled vein network hosted within a granite. To date, seven holes have intersected the granite in the Pioneer Block, with another two holes currently being drilled. More drilling is required to determine the lateral and vertical extents and geometry of the intrusive hosting these broad zones at Pioneer.

Key Points:

  • Hole SB-2021-030 extends mineralization from hole SB-2021-026 (1.17g/t over 106.75m released June 21, 2021) for a distance of approximately 50 metres vertically down.
  • Four additional holes have been already drilled targeting the granite host body (SB-2021-034, SB-2021-035, SB-2021-040, SB-2021-045) all intersecting multiple vein zones with visible gold (see Table 1 below) the best of which, SB-2021-040 intercepted 22 major vein zones with 12 occurrences of visible gold.
  • Hole SB-2021-040 tested mineralization 100m vertically down from hole SB-2021-030 and 150m vertically down from previously released SB-2021-026; results are expected shortly for this hole.
  • Active hole SB-2021-048 is about 250m vertically down from hole SB-2021-040 of mineralization along the granite’s 3.2km strike length.
  • Hole SB-2010-055, also currently underway, is planned to test mineralization 50 metres vertically above hole SB-2021-026 and 100m vertically above hole SB-2021-030.
  • The excellent grade continuity identified at Pioneer is characterized by a well-distributed network of smaller veins within the granite and is interspersed with larger, high-grade veins that are the defining characteristic of the classical Bralorne deposit.
  • Talisker currently has five drill rigs on site and has completed 40,904 metres of its active, fully funded 100,000 metre drill program; a sixth drill rig is expected to arrive in July.

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